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Description

Magnificent MS67 1908 Indian Quarter Eagle

1908 $2 1/2 MS67 PCGS. In their Encyclopedia of U.S. Gold Coins, Garrett and Guth note that the 1908 quarter eagles have a distinct advantage on their peers in terms of high-grade survival, in that "many examples were saved as the first of their kind," and so the date "is available in all grades, including gem condition, and specimens can even be located in MS66 grades."
In this case, however, "all grades" does not translate to "every grade," as a quick check of the PCGS Population Report reveals. Beyond MS66, where the date is already elusive, there are just two Superb Gems certified by that service, both graded MS67 (4/10). Moreover, there are only four MS67 coins in the Population Report for the entire series, making this an example of vital importance to type collectors as well as series enthusiasts.
Garrett and Guth note a peculiar striking characteristic of the 1908 quarter eagles. The top of the eagle's front wing is almost always softly struck, "a result of the dies not being prepared properly." This Superb Gem holds true to the rule, but elsewhere, the strike is pleasing. The luster is gorgeous, yellow-orange save for a tiny dot of alloy below the portrait's chin, and the surfaces are incredibly smooth, with only the tiniest of marks visible on close inspection. A magnificent coin that could fit in a top-flight type set or the ultimate Indian quarter eagle assemblage with equal ease.(Registry values: N7079)

Coin Index Numbers: (NGC ID# 288Y, PCGS# 7939, GSID# 8603)

Metal: 90% Gold, 10% Copper
Weight: 4.18 grams
AGW: 0.12095oz
Mintage: 564,800


Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

View Certification Details from PCGS

Auction Info

Auction Dates
June, 2010
3rd-6th Thursday-Sunday
Bids + Registered Phone Bidders: 13
Lot Tracking Activity: N/A
Page Views: 6,121

Buyer's Premium per Lot:
15% of the successful bid per lot.

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